On-chain data shows Bitcoin long-term holders (LTHs) have seen their netflow rise recently, a sign that selling pressure from diamond hands is easing. Bitcoin LTH Net Position Change Is Becoming Less Negative In a new LTHs. This cohort represents one of the two main divisions of the BTC market done on the basis of holding…
Tag: BTCUSDT
Expert Trader Says Bitcoin Surge To $220,000 Is Coming, But This Will Happen First
Bitcoin’s current price trajectory has left a lot to be desired, with the most concern currently being for when the digital asset will hit a bottom. There have been countless predictions since the decline began, and yet, Bitcoin remains below $70,000. Nevertheless, it has not stopped the barrage of bottom calls and price predictions. One…
Bitcoin Prints Fifth Straight Red Month; Previous Streak Was Followed By 300% Surge
Bitcoin (BTC) has wrapped up February with its fifth straight monthly loss, marking only the second time in its history that the leading cryptocurrency has printed five consecutive red candles on the monthly chart. Upside Call Options Surge The latest decline saw Bitcoin fall to around $63,000 last Saturday, representing a roughly 15% drop for…
Seasoned Trader Says Final Bitcoin Flush Is Coming, Here’s The Target
After the Bitcoin price recovered from the flush to $63,000 over the last week, expectations are that the uptrend could continue. This has sparked predictions for the next rally and that the BTC price could move above $70,000 as a result of this. However, one analyst has thrown a wrench in this move, predicting that…
Bitcoin Harmonic Oscillator Hits The Floor With A 100% Historical Win Rate That BTC Price Will Double
Bitcoin has returned to an extreme technical zone that has historically marked major cycle bottoms for the BTC price. According to crypto analyst @DurdenBTC, the Harmonic Oscillator has now printed its lowest possible reading, a level that previously preceded outsized one-year gains. The signal raises a direct question: Does history imply that Bitcoin is positioned…
Bitcoin Coiling At Key Support — Major Move Brewing
Bitcoin is tightening its range at a critical support zone, with price action compressing after weeks of sideways movement. As volatility contracts and momentum build beneath key resistance, the market appears to be preparing for a decisive breakout. With major support holding for now, the stage is set for a significant move. Consolidation Zone Signals…
Bitcoin Price Trapped Below $70K, Market Awaits Breakout Catalyst
Bitcoin price started a decent increase above $66,000. BTC is now consolidating above $66,000 and might aim for more gains above $67,200. Bitcoin started a fresh increase after it settled above the $65,500 support. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with…
Bitcoin Fear Has Been This Low Only 2 Times In History, Here’s What Follows Each Time
Bitcoin saw its price crash toward $60,000 last week, and naturally, investor sentiment took a plunge with it. Now, while the sentiment has been in a decline for the better part of five months, what stands out this time is how low the score on the Bitcoin Fear & Greed Index has gotten. In fact,…
CMT-Certified Expert Flags Bitcoin Buy Signal, Is It Time To Go All In On BTC?
An important long-term technical signal is still flashing bullish as Bitcoin approaches an important point on the higher timeframe charts. According to CMT-certified analyst Tony Severino, the monthly SuperTrend indicator for BTCUSD has held support and is yet to display an active sell signal, even with recent market dynamics leading to contention as to whether the…
Blood Moon Affecting Bitcoin Price? Why A Surge Above $100,000 Could Be Coming
Crypto analyst Pure has indicated that the blood moon could be having an impact on the trajectory of the Bitcoin price. The analyst drew attention to historical trends, suggesting this might be the case and that a rally above $100,000 may be on the cards. A Bitcoin Price Rally Above $100,000 May Be On The…